11 Charter St

Property Description

A modern turnkey multifamily asset in the heart of downtown Newburyport, featuring fifteen renovated studio units plus a renovated manager's office with full shower. Updated within the last three years, each suite includes hardwood floors, tiled baths, upgraded cabinets and counters, smart-lock access, and high-speed connectivity. Units offer individually controlled, separately metered electric service with additional electric baseboard heat in each bathroom. The building also includes coin-operated washers and dryers for added convenience. Streamlined systems and low-maintenance operations support flexible use under the existing lodging license. Located in a premier walkable district near shops, dining, the waterfront, and the rail trail, this property offers exceptional appeal for long-term leasing or continued lodging-based operation 50% YOY growth. Full financials, T12 bookkeeper verified.

Overview

Property Status

Pending

Lot Size

4,380 Sq.Ft.

MLS ID

73450760

Property Type

Multi-Family

Year Built

1869

Are you interested?

Schedule a Tour

Christian Smith

(978) 480-8571 [email protected]

Features & Amenities

Total Area

5,527 Sq.Ft.

Neighborhood

Newburyport

Water Frontage

Ocean, River, Beach Ownership(Public)

Stories

Water Source

Public

Utilities

for Electric Range, for Electric Oven, for Gas Dryer

Roof

Shingle

Lot Features

Cleared, Level

Parking

Paved Drive, Off Street

Heat Type

Common, Wall Unit, Electric, Individual, Unit Control, Ductless

Air Conditioning

Common, None, Individual, Unit Control, Ductless

Laundry Room

Gas Dryer Hookup

Appliances

Range, Oven, Microwave, Refrigerator, Freezer

Other Interior Features

Floored Attic, Storage, Studio, Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Remodeled, Laundry Room, Office/Den, Bathroom with Shower Stall, Smart Thermostat, Living Room, Kitchen

Sewer

Public Sewer

Substructure

Concrete Perimeter

Security Features

Security System

Other Exterior Features

Rain Gutters

Sales Price

$3,600,000

Real Estate Tax

$14,047/yr

Zoning

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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Thank you

for your interest in 11 Charter St, Newburyport, MA 01950

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